First Trust Consumer Discretionary AlphaDEX Fund
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$61.68
- Net Assets:$0 Million
- NAV:$61.98
- Premium-0.48%
- Peer Rank:263 of 397
- Investment Rating:C+
- Performance:C+
- RiskC+
We rate First Trust Consumer Discr AlphaDEX at C+. Positive factors that influence this rating include a greater than above average total return, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking an Equity Income strategy.
Total return ranks above peers over the last three years. The First Trust Consumer Discr AlphaDEX has returned an annual rate of 7.80% since inception. More recently, the fund has generated a total return of 9.45% in the last five years, 3.74% in the last three years, and 15.71% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 71% of them. It has also outpaced 53% of its competitors on a three year basis and 68% of them over the last year for the period ending 2/29/2024. On a year to date basis, FXD has returned 5.10%.
Downside risk has been below average. FXD has a draw down risk of -30.66%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 23.3%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As FXD is an exchange traded fund, it has no front end or back end load.
The First Trust Consumer Discr AlphaDEX is managed by David G. McGarel at First Trust Advisors LP. This fund is one of 195 First Trust Advisors LP exchange-traded funds launched since 8/19/2003 that we track.